im talking about sundae the private mortgage company

Apologies for the confusion. Sundae, the private mortgage company, operates in the real estate sector and focuses on providing loans for business purposes only. Here's an analysis of its financials and market position:

1. **Financial Performance**: Sundae has been actively raising capital through venture funding, with its latest Series C round raising $80 million in July 2021. This funding has enabled the company to expand its operations and invest in its platform.
2. **Market Position**: Sundae operates in the competitive real estate financing market, connecting home sellers with local investors through an auction-style format. The company has a network of over 20,000 investors across the country, which allows it to offer a wide range of properties to potential buyers. This extensive network gives Sundae a strong market presence in its niche.
3. **Business Model**: Sundae's platform allows homeowners to sell their properties directly to investors, eliminating the need for traditional real estate agents and providing a more efficient selling process. The company generates revenue by charging a commission to its network of investors on each property transaction.
4. **Recent Developments**: There is no recent news or data available on Sundae's specific strategic developments or financial performance beyond the information already mentioned. However, the company's focus on connecting homeowners directly with investors and its active fundraising efforts indicate a growing business presence.

In summary, Sundae, the private mortgage company, is a player in the real estate financing market, leveraging its network of local investors to provide a marketplace for home sellers. Its business model is centered around charging commissions on property transactions, and its recent funding round indicates a strong market presence and potential for growth.